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Chinese retailer Suning's founder talks stake sale of up to 25%

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Employees work at a logistics base of Suning ahead of the Singles Day online shopping festival in Nanjing, China   © Reuters
NAOKI MATSUDA, Nikkei staff writer | China

SHANGHAI -- Top shareholders in Suning.com including founder Zhang Jindong look to sell as much as one-quarter of the company, the Chinese retailer said Thursday, as the coronavirus pandemic dampens earnings.

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